Bestseller news and archive

Bestseller Group boosts annual turnover and profit for 50th anniversary

Danish clothing retailer Bestseller A/S can look back on a successful financial year for its 50th anniversary. “This was a special year for us. We are celebrating a milestone that none of us could have imagined when the first shop was opened in 1975,” explained owner and CEO Anders Holch Povlsen in a statement on the announcement of the latest...

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Bestseller denies ‘damaging’ child labour allegations

Danish fashion giant Bestseller – the parent company of Jacks&Jones, Vero Moda and Only – has denied claims made against it by broadcaster TV 2 alleging evidence of child labour among its supply chain. In a public statement, Bestseller specifically referenced two documentary episodes aired by the Danish media firm via TV 2 and TV 2 Play which...

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Bestseller invests in German recycling company Matterr

Danish clothing group Bestseller unveiled a new strategic partnership with German recycling start-up Matterr on Wednesday. The group, which owns brands such as Vero Moda, Only and Jack & Jones, invested in the company through its investment arm, Invest FWD. Matterr specialises in chemical polyester waste recycling processes. It had previously...

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Line Andrea Fandrup Succeeds Thomas Børglum Jensen as Bestseller CFO

Line Andrea Fandrup as its new chief financial officer (CFO). Fandrup will assume the role on May 1, 2026, succeeding Thomas Børglum Jensen, who has been with the company for the past eight years. According to Bestseller CEO Anders Holch Povlsen, Fandrup was chosen to support the company's significant ongoing investments in sustainability,...

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Bestseller leads 20 million dollar Softwear Automation funding round

Danish fashion giant Bestseller has led a 20 million dollar Series B1 funding round for Softwear Automation, a firm dedicated to autonomous sewing technology that is currently moving towards the commercialisation of its offering. Alongside the strategic investment, which was made via Bestseller’s Invest FWD scheme, Thomas Børglum Jensen, the...

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Bestseller India COO Mrithyunjay Amblimath passes away

Bestseller India has announced the passing of its esteemed chief operating officer, Mrithyunjay Amblimath. He served the company for 14 years. "He was more than a leader, he was a mentor, a guide, and a steady pillar of strength for everyone who had the privilege of working alongside him for the last 14 years at Bestseller India. He touched...

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Bestseller: Only brand chief Finn Poulsen steps down

The chief executive officer of Only, Finn Poulsen, has stepped down from the helm of the Danish womenswear brand. Effective August 1, Søren Hedensted will take over as brand director, Only announced on Friday on the career network, LinkedIn. He will be supported by deputy director, Heidi Langager. Hedensted has worked for Only for more than...

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JACK&JONES JUNIOR Expands Into 2–4 Years Category

JACK&JONES JUNIOR is all set to welcome its youngest style stars! The brand is thrilled to announce the launch of an all-new category designed for boys aged 2 to 4 years — bringing its signature mix of cool, comfort, and confidence to an even younger crew. This marks a major milestone for JACK&JONES JUNIOR, expanding its universe to include the...

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Bestseller’s Belgian journey: “Progress, innovation, and never settling for the status quo”

Bestseller celebrates its 50th anniversary this year and recently marked its 25th anniversary in Belgium. The Danish fashion group, with more than 20 brands in its portfolio, caters to every member of the family across various segments, boasts a strong presence in shopping streets, and continues to expand. Plenty of reason to take a look at...

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Bestseller names Sumit Dhingra country director for India

Danish fashion group Bestseller has appointed Sumit Dhingra as country director of its Indian business, representing a “key milestone” in the company’s “growth and expansion” in the region. He will assume the position from June 1, 2025. He succeeds Vineet Gautam, who stepped down as country director last year. Dhingra joins Bestseller from...

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BESTSELLER India Appoints Sumit Dhingra as Country Director

Starting 1 June 2025, Sumit Dhingra will assume the role of Country Director for BESTSELLER India. With over two decades of experience in the fashion and lifestyle industry, Sumit brings a wealth of expertise in general management, brand building, retail expansion, and strategic growth. His appointment represents a key milestone in BESTSELLER’s...

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Bestseller improves profitability amid tough trading year

In 2023-24, Danish fashion firm Bestseller said that the company’s overall results were impacted by challenging conditions in the global fashion market. Despite this, the company managed to secure an improved EBIT and will continue to invest in transforming its business to adapt to new demands. During the year under review, top-line revenue fell...